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$691,000

NAL Estimated Property Value

1511 Florence Place Court, Keller, TX, 76262

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,217 Sq Ft
price_per_sqft$197.56 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Convection Oven, Plumbed For Ice Maker, Warming Drawer, Electric Water Heater
FlooringCarpet, Ceramic Tile, Marble, Wood

Exterior

Exterior FeaturesStorage
Lot Size39,470 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN13976-2-2
Lot Number2
SubdivisionFlorence Place Addition
Land UseResidential
Legal DescriptionFLORENCE PLACE ADDITION BLOCK 2 LOT 2
Census Tract113912
Assessed Land Value$362,480
Assessed Improvement Value$190,941
Assessment Year2025

About this property

Very private one-story brick ranch-style home on a huge cul-de-sac lot. Loads of recent updates include, windows, AC, lighting, electrical, roof and an additional wing adding a second living area and second master suite to the home. Tasteful kitchen has elegant updates with stainless steel appliances surrounded by custom cabinetry. Designer-style paint and flooring bring a modern flair to this open floor plan with masonry fireplace, lots of natural light and a view to the treed backyard.

Investor Tools

Property Icon
$691,000
Estimated Property Value
$295,626Estimated Mortgage Balance
$395,374Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,146 /month
Positive
Cash Flow Estimate:
$1,382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,115/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,927
$553,421
2025
$362,480
$190,941
$553,421
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,927
$553,421

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$330,740
No
First
Nov 6, 2020
Dec 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,626
$395,374
57%
43%
$1,983/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$1,983/mo
+$177/mo
3.8%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Keller

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1511 Florence Place Court | Property Details | No Agent List